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WCT is the native token of the WalletConnect Network. Connect all your wallets
to see if you're eligible for the airdrop.
Join the Ecosystem
WALLETCONNECT TOKEN (WCT) AIRDROP REGISTRATION
Register Wallet
Accept Terms and Conditions and Privacy Policy.
24
September
2024
Register
Connect your wallets and build your profile.
18
October
2024
Deadline
Ensure you're registered before the airdrop registration closes.
2024
November
Check & Claim
Verify if you were selected for the Season 1 airdrop.
2025
Upcoming
Stay tuned for more airdrops coming in 2025.
FAQS
ALL YOU NEED TO KNOW ABOUT THE AIRDROP.
WHAT IS THE WALLETCONNECT TOKEN (WCT)?
The WalletConnect Token is the native token of the WalletConnect Network.
The four utilities of the WCT are:
1. Fees: Used to pay for network services like relay usage.*
2. Rewards: Tokens are distributed as incentives to keep the network secure and
efficient.
3. Staking: WCT holders can stake tokens to receive rewards.
4. Governance: WCT holders can vote on proposals and updates, giving the
community control over the network's development through decentralized
governance.*
*Governance and fees features are expected to be enabled after approval by WCT
tokenholders.
HOW DO I REGISTER FOR SEASON 1 OF THE WCT AIRDROP?
To register for season 1 of the WCT airdrop, you'll need to:
1. Create a profile by tapping the “Register Here” button, accepting the Terms
and Conditions, and connecting at least one Ethereum wallet address. To
allow your past WalletConnect Network usage to be correctly measured, please
use the WalletConnect option to link your wallet.
Note: Some wallet connection methods, like the use of extension wallets, do
not enable connection via the WalletConnect Network and connecting via these
methods may impact the ability to correctly assess your past usage of the
Network. For this reason, connecting with at least one mobile wallet across
your frequented accounts is recommended.
2. Build out your profile by adding additional wallet addresses and/or any
GitHub accounts that you think may be relevant to the airdrop criteria to
expand the assessment of your eligibility.
3. That's it - you can check back to see an update on your status in November.
To receive a notification when this information is released, add your email
address for notifications during the registration process.
WHAT IS A “PROFILE”?
Season 1 of the WCT Airdrop takes into consideration past activity and usage of
the WalletConnect Network along with contributions to certain open source
technologies. When registering for the airdrop, you may connect multiple wallet
addresses and your GitHub account to your Profile to expand the assessment of
your past activity and usage and thereby improve your potential eligibility for
the airdrop.
WHAT DOES “CONNECT VIA WALLETCONNECT” MEAN?
The WalletConnect Network facilitates the connection between mobile wallets and
apps. When you are using an app and connecting your wallet to login, you'll see
“connect via WalletConnect”, as one of the options. Clicking this option will
lead you to a QR code that, if accessing the app on desktop, you may scan via
your mobile wallet to login with a selected wallet address. If accessing the app
via mobile, you may connect directly with a mobile wallet using the connect via
WalletConnect option. This connection is made through the WalletConnect Network.
WHAT ARE THE ELIGIBILITY CRITERIA ASSESSED FOR THE AIRDROP?
There are two categories of eligibility criteria for the airdrop:
1. Activity as a user - As a user, your activity across the Network including
connections, signatures, and on-chain activity will be assessed. Past
activity both recently and overall with the WalletConnect Network factor
into eligibility. Eligibility for users is assessed from wallet addresses
added to the user's profile.
2. Activity as a contributor - As a contributor, past contributions to the
WalletConnect Network including projects spanning CAIPs, EIPs, Ethereum
SDKs, non-EVM SDKs, and to open source projects that positively impact the
onchain ecosystem factor into eligibility. Eligibility for contributors is
assessed from Github accounts added to the user's profile.
You may be eligible as both a user and contributor within the same profile.
To assess meaningful contributions, the retrospective snapshot of criteria for
season 1 of the airdrop considers a timeframe from as early as the network's
inception, up to September 12, 2024 only. Activity after this date will not be
considered. Different criteria and timeframes may be relevant for subsequent
airdrop seasons.
Eligibility for the airdrop is determined by meeting criteria at certain
thresholds. Meeting specific criteria alone does not guarantee eligibility for
the airdrop.
WILL ALL REGISTERED PROFILES BE ELIGIBLE FOR THE AIRDROP?
No.
Eligibility for the airdrop is determined by meeting certain criteria at certain
thresholds. Meeting a specific criterion does not guarantee eligibility for the
airdrop. To assess meaningful contributions, the retrospective snapshot of
criteria for season 1 of the airdrop considers a timeframe from as early as the
network's inception, up to September 12, 2024 only. Activity after this date
will not be considered.
Various distribution models may be applied intended for fair allocation across
all participants. For example, profiles who meet more criteria or have higher
engagement may receive a proportionally larger share.
This information is in regard to season 1 of the WCT airdrop. Not meeting
eligibility for season 1 does not preclude eligibility for following seasons.
IS ANYONE UNABLE TO PARTICIPATE?
The Airdrop registration webpage will be inaccessible from certain jurisdictions
for compliance purposes, including sanctions regulations set forth by applicable
agencies from the United States and other governments which prohibit providing
products or services accessible from domains to persons in specific countries
and territories. Further, digital wallet addresses identified on Specifically
Designated Nationals and Blocked Persons Lists maintained by the U.S. Department
of the Treasury's Office of Foreign Assets Control may not participate.
WHEN WILL I KNOW IF I AM ELIGIBLE FOR SEASON 1 OF THE AIRDROP?
To find out if you are eligible for season 1 of the WCT airdrop, you'll need to
register. Registrations are open from September 24, 2024 and close October 18,
2024.
The WalletConnect Foundation will announce on walletconnect.network and across
social and email channels confirming when registrants may check back during
November 2024 to find out if they are eligible for season 1 of the WCT airdrop.
To receive an email notification when this information is released, add your
email address to your profile during the registration process.
You cannot be eligible for the airdrop if you do not register.
IF I AM ELIGIBLE FOR THE AIRDROP, WHEN WILL I BE ABLE TO CLAIM MY WCT TOKENS?
The registration period for season 1 of the WCT airdrop officially ends October
18, 2024. You will be able to check if you are eligible for the season in
November, at which point, details on how and when to claim will be shared.
IF I AM ELIGIBLE FOR THE AIRDROP, HOW MANY WCT TOKENS WILL I BE ABLE TO CLAIM?
The airdrop uses an internal scoring mechanism to determine if you are eligible
to claim the airdrop and how many tokens you may receive. Your score is
determined based on a combination of your past connections via the WalletConnect
Network, signatures, and on-chain activity. The more criteria you meet, the
higher your score. The amount of tokens you may be eligible to claim is based on
your score. However, users must exceed certain scoring thresholds to become
eligible. Not all users who register will exceed these thresholds.
Tokens are allocated based on eligible users' scores who exceed those certain
thresholds, with eligible users who meet more criteria or have higher engagement
receiving a proportionally larger share. Various distribution models may be
applied designed for fair allocation across all eligible users.
Meeting specific criteria alone does not guarantee eligibility for the airdrop.
WHAT HAPPENS IF I DO NOT CLAIM MY TOKENS WITHIN THE CLAIMS PERIOD?
If tokens are unclaimed within the claims period for season 1 of the WCT
airdrop, those tokens may be added to allocations for future airdrop seasons.
I MISSED OR WASN'T ELIGIBLE FOR SEASON 1 OF THE WCT AIRDROP - WILL THERE BE MORE
SEASONS?
There will be more seasons in the future. If you are not eligible this time or
you missed it, you may be eligible for future seasons. Follow our socials and
subscribe to emails to get notified about future seasons.WalletConnect.
HOW MANY TOKENS ARE BEING ALLOCATED IN TOTAL FOR THE AIRDROP?
There are 50,000,000 WCT tokens allocated for season 1 of the WCT airdrop, out
of a total 185,000,000 WCT tokens allocated in total for WCT airdrops.
EXPLORE THE ONCHAIN UX ECOSYSTEM
LEARN MORE ABOUT THE WALLETCONNECT NETWORK AND HOW TO BECOME PART OF ITS
THRIVING COMMUNITY.
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